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Social Impact Bond - Turning the Tide 2016

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What the buyer wrote

North Somerset Council's Turning the Tide Social Impact Bond (SIB) aims to reduce the need for children to be looked after by commissioning a service that works with families to help children safely stay at home and by keeping placements in care short through reuniting children with their families as soon as possible The service will focus on improving family functioning and resilience to improve outcomes for an estimated 240 children over an initial five year period with an opportunity to extend the contract to seven years. We have explored family preservation models but would be interested in any approaches that would deliver the outcomes. Families to be worked with will fall into t…

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Awarded to

Core Assets Group Limited£33.3mends (3 Jan 2024)

Details

What the buyer calls it
Social Impact Bond - Turning the Tide 2016
How they are buying
Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
Type
services
Suitable for small firms
The buyer says yes. What that is worth
Work starts
4 Jan 2017
Work ends
3 Jan 2024

Who the buyer named

Holly Wilkins was the named contact on this notice.

holly.wilkins@n-somerset.gov.uk